an epic performance?

Times to assess CMQ's performance under Mr Williams?

Announcement:
“ASIC and CMQ had mutually agreed to delay the ongoing COURT PROCESS by a NUMBER of MONTHS. As a result this matter is not presenting a distraction to the company”

Facts: Discovery process is on going and the litigation process is progressing. Only the directional hearing scheduled for April 11 had been postponed by 2 months to commence on 12 June (a number of MONTHS ) . No longer a distraction to the company? The consent judgment can be downloaded at http://esearch.fedcourt.gov.au/Esearch?showDoc=24670312


Announcement
An ASX release on 1 February 06 wholly dedicated to announce plant capacity:

We are now very confident that the plant will achieve 100% nameplate capacity in the FIRST QUARTER of this year.

Facts:
Quoting the 2 lines on page 9 out of the 20 pages February Investor Presentation: 100% nameplate capacity now targeted for the 2ND QUARTER of 2006.

March newsletter: We expect to achieve 100% nameplate capacity LATER THIS YEAR.

Announcements:
23 September 2003 – announced the $1.4M sales to SA and newspaper reporter briefed by CMQ stated the sales to be TOTALLY UNCONDITIONAL, on normal commercial terms and not financed by CMQ.

AGM Presentation:
We have now seen our first full shipping container of product DELIVERED to South Africa.
Top 300 ASX Listed Company

Facts:
Booted out of Top ASX 300 Listing on the 3 Mar 06 index reshuffling.
Accounts show $31,000 sales receipt for Oct05; ZERO for Nov05; Dec05; Jan06; Feb06. Sales receipt for TOTALLY UNCONDITIONAL sales on normal commercial terms and not financed by CMQ for a full shipping container???

CMQ Share price on 27/7/05 : Mr Williams appointment: $1.285
CMQ Share price on 31 March 06: $0.45


Lets us hope CMQ faithfuls have better luck with Mr Williams than Epic Energy shareholders.